FinCEN's Crypto Surveillance Rule Violates the US Constitution
Proposals requiring crypto companies to report transactions amount to "mass surveillance" and flout the Fourth Amendment.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/ICF7SM4LAZH5XHQTY46IFONGPQ.jpg)
Sponsored
Jan 13, 2021 at 7:55 p.m. UTC
Jan 13, 2021
FinCEN
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/6RXMYRLOFRB6PILBG2ACTC54GA.jpg)
FinCEN's Crypto Rules Aren't as Unfair as Jack Dorsey Says
Crypto companies complain about FinCEN's new "unhosted wallets" proposal. But the rules aren't unreasonable, says our columnist.
Sponsored
Jan 12, 2021 at 12:00 p.m. UTC
Jan 12, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/DYLVSCQ7NJGDRP2S6MED4FBBWI.jpg)
7K Comments and Counting: Crypto Industry Fights 'Arbitrary' Treasury Rule
The crypto industry says a proposed rule to collect personal data from private wallet transactions is being rushed, might be challenged in court and could be difficult to impl...
Sponsored
Jan 7, 2021 at 5:20 p.m. UTC
Jan 7, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/5PJK345QMFHX5NSTIJWJGWYE64.jpg)
Square's Jack Dorsey Hits Out at FinCEN's 'Burdensome' Proposed Crypto Wallet Rules
"The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field," Dorsey said.
Sponsored
Jan 5, 2021 at 10:18 a.m. UTC
Jan 5, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/E2WNAF5GKJBGXKQMDVZUGVP63I.jpg)
FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+
The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000.
Sponsored
Dec 31, 2020 at 9:52 p.m. UTC
Dec 31, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/EHFPQAT7W5EZZHOKRKMT2DWEVI.jpg)
Proposed FinCEN Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says
Blockchain analysis firm Elliptic said the proposal could “adversely impact” existing anti-money laundering (AML) regulations.
Sponsored
Dec 31, 2020 at 9:00 a.m. UTC
Dec 31, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/XR7S2G74JFHGVEPO76SCVZCUME.jpg)
Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins
Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said.
Sponsored
Dec 23, 2020 at 10:23 p.m. UTC
Dec 23, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/2ZBN3RBH3BCDHEUAPUHQQKZJH4.jpg)
FinCEN’s Proposed Crypto Wallet Rule Might Hit DeFi
FinCEN’s proposed rule regulating “unhosted” wallet transfers has a number of potential issues, including unintended consequences for decentralized finance.
Sponsored
Dec 23, 2020 at 8:40 p.m. UTC
Dec 23, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/3BRXY3CNWVG7RB3DKUFL6TO7KA.jpg)
'There Is No Emergency Here': Coinbase Asks FinCEN to Extend Comment Period on Wallet Regs
Two weeks during the holiday season and a pandemic is not enough time, the exchange said, asking for the customary 60 days.
Sponsored
Dec 22, 2020 at 1:32 a.m. UTC
Dec 22, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/IIRX6432WRHR5BQPX2LZBNFS2A.jpg)
US Floats Long-Dreaded Plan to Make Crypto Exchanges Identify Personal Wallets
FinCEN has proposed requiring exchanges to collect and report KYC information on unhosted wallets for transactions up to $10,000.
Sponsored
Dec 18, 2020 at 9:53 p.m. UTC
Dec 18, 2020